Switzerland has maintained its neutrality since 1815, avoiding alliances like NATO or the EU while focusing on diplomacy and stability in Europe. The recent agreement reflects concerns about returning U.S. President Donald Trump’s warnings of imposing higher tariffs on European imports.
Covering everything from electricity to state aid, transport and freedom of movement, plus Bern's financial contribution to the bloc, the accord drew the EU and its fourth-biggest export market closer and gave added certainty to Swiss companies that rely heavily on the 27-nation alliance for business.
The deal, unveiled by European Commission President Ursula von der Leyen and Swiss President Viola Amherd on Friday, seeks to replace over 120 separate agreements with a comprehensive framework. After years of challenging negotiations, both leaders described the agreement as a milestone for strengthening cooperation between the neighbors.
"Today is a milestone for the stabilization and further development of bilateral relations," said Amherd, the head of Switzerland's seven-member executive, the Federal Council.
Von der Leyen described the agreement as "historic" and vital given geopolitical turmoil.
"In Switzerland as well as in our 27 member states, in this challenging environment, strong partnerships like ours are not just an advantage, they're a must," she said.
The new deal must still be approved by the Swiss and European parliaments.
While the government expressed confidence in the mutual advantages of the agreement, opposition remains. Switzerland's right-wing Swiss People’s Party (SVP) and labor unions have criticized the deal, and it is almost certain to face a national referendum.
